WOCKHARDT LTD. Announces Quarterly Results (3QFY19); Net Profit Down 80.6%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

WOCKHARDT LTD. Announces Quarterly Results (3QFY19); Net Profit Down 80.6%
Tue, 29 Jan

WOCKHARDT LTD. has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

WOCKHARDT LTD. Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m10,05311,25710,459-7.1%4.0%
Other incomeRs m3716121-65.8%-94.4%
TurnoverRs m10,42411,31810,479-7.4%0.5%
ExpensesRs m9,58610,58310,6370.5%11.0%
Gross profitRs m467755-178-123.6%-138.2%
DepreciationRs m3804024122.6%8.6%
InterestRs m618651636-2.3%2.9%
Profit before taxRs m-160-237-1,206
TaxRs m265-10-437-264.8%
Profit after taxRs m-426-228-769
Gross profit margin%4.66.7-1.7
Effective tax rate%-165.84.036.3
Net profit margin%-4.1-2.0-7.3
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 4.0% on a year-on-year (YoY) basis. The expenses were up by 11.0% YoY during the same period.
  • The company's operating profit declined by 138.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 1.7% in 3QFY19 as against 4.6% in 3QFY18.
  • Depreciation charges increased by 8.6% and finance costs increased by 2.9% YoY, respectively.
  • Other income declined by 94.4% YoY during the quarter.
  • Net profit for the quarter declined by 80.6% YoY. Net profit margins during the quarter declined from -4.1% in 3QFY18 to -7.3% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 7.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 0.5% QoQ during the same period.
  • The company's operating profit declined by 123.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 1.7% in 3QFY19 as against 6.7% in 2QFY18.
  • Net profit for the quarter declined by 237.5% QoQ, while net profit margins declined from -2.0% in 2QFY18 to -7.3% in 3QFY19.

To see how WOCKHARDT LTD. has performed over the last eight quarters, please visit here.

WOCKHARDT LTD. Share Price Performance

Over the last one year, WOCKHARDT LTD. share price has moved up from Rs 909.0 to Rs 446.8, registering a Loss of Rs 462.2 or around 50.8%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 13,716.2 (up 0.4%). Over the last one year it has moved down from 14,891.2 to 13,716.2, a gain of 1,175 points (down 7.9%).

Overall, the S&P BSE SENSEX is down 1.9% over the year.

Current Valuations

At the current price of Rs 446.8, the price to book value (P/BV) ratio of WOCKHARDT LTD. stands at 1.7 times.

Equitymaster requests your view! Post a comment on "WOCKHARDT LTD. Announces Quarterly Results (3QFY19); Net Profit Down 80.6%". Click here!

  

Related Views on News

WOCKHARDT Announces Quarterly Results (1QFY20); Net Profit Up 57.2% (Quarterly Result Update)

Aug 28, 2019 | Updated on Aug 28, 2019

For the quarter ended June 2019, WOCKHARDT has posted a net profit of Rs 369 m (up 57.2% YoY). Sales on the other hand came in at Rs 9 bn (down 14.3% YoY). Read on for a complete analysis of WOCKHARDT's quarterly results.

WOCKHARDT Announces Quarterly Results (4QFY19); Net Profit Up 90.8% (Quarterly Result Update)

May 7, 2019 | Updated on May 7, 2019

For the quarter ended March 2019, WOCKHARDT has posted a net profit of Rs 139 m (up 90.8% YoY). Sales on the other hand came in at Rs 10 bn (down 3.8% YoY). Read on for a complete analysis of WOCKHARDT's quarterly results.

Aster DM Healthcare (IPO)

Feb 10, 2018

Should you subscribe to the IPO of Aster DM Healthcare Ltd?

More Views on News

Most Popular

Use My Secret to Increase Your Trading Profits Today

Dec 10, 2019

What to do after every trade.

A Simple, 7-Step Checklist for Your Trading Success

Dec 4, 2019

What we can learn from one of the greatest traders to have ever lived.

Blue Chips Are Passe. Get into these Stocks for Outstanding Gains in 2020(Profit Hunter)

Dec 5, 2019

This corner of the market could provide more returns than blue chips in 2020.

Make the Most of the Smallcap Rebound with These Stocks(Profit Hunter)

Dec 3, 2019

Even amid a gloomy economic scenario, there are smallcaps that have grown earnings over last one and a half year and I believe these could be the strongest candidates for a smallcap rebound.

What Is the IPO Euphoria Signaling Us About the Markets?(The 5 Minute Wrapup)

Dec 2, 2019

2019 will be remembered as the year of great money-making IPOs...

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

WOCKHARDT SHARE PRICE


Dec 13, 2019 (Close)

TRACK WOCKHARDT

  • Track your investment in WOCKHARDT with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

COMPARE WOCKHARDT WITH

MARKET STATS